I have received some good feedback on the first podcast in my series of conversations on innovation and innovation practice with leading innovation practitioners. Here is the second installment in my three part discussion with Vincent Lyons, Vice President of Engineering & Technology for Leggett & Platt. Vincent joined Leggett & Platt in 2006 to head up the company’s Innovation Redefined initiatives and has achieved much in a short time.
In the first segment, Vincent and I talked about the universal innovation imperative felt by global 2000 companies and the key challenges they run into when trying to create a sustainable innovation engine. In particular, we discussed how companies:
- have few if any models for repeatable means of innovation
- are pushed to rush to a solution by competition & time pressures
- lack the ability to leverage of internal corporate wisdom
- have limited visibility to relevant knowledge outside their domain of expertise
In this second discussion, Vincent and I explore the strategies for successful deployment of sustainable innovation practice.
(Podcast length: 14:15)
I hope you enjoy the discussion as much as I did. Next time, we’ll dig in to how these strategies are being used at Leggett & Platt to power their Innovation Redefined initiatives.
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